South Africa’s finance minister critical of government spending

[BusinessTech]

South Africa’s finance minister critical of government spending

With debt service costs standing at 21 cents to the rand due to high expenditure items like the public sector wage bill, spending will remain restrained over the next three years, finance minister Enoch Godongwana said when he tabled his maiden mid-term budget at the National Assembly on Thursday.

 

[ShaunSA]

Did he forget he's the finance minister?

 

[Lupus]

Be as critical as you like, you gotta cut the fat, stop the bloat, trim the uhmm, basically why do we have so many ministers?

 

[KarlFranz]

In a nutshell.

 

[KarlFranz]

Did he forget he's the finance minister?

He forgot that information is inside his hat.

 

[KarlFranz]

Be as critical as you like, you gotta cut the fat, stop the bloat, trim the uhmm, basically why do we have so many ministers?

Job creation.